Current Attempt in Progress At the start of 2021, the Walla Walla Fine Food Company budgeted before-tax income as follows: $506,000 Sales Less: Material cost

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Current Attempt in Progress At the start of 2021, the Walla Walla Fine Food Company budgeted before-tax income as follows: $506,000 Sales Less: Material cost Labor cost Owner's salary Rent Depreciation Utilities Income before taxes $92,000 202,400 59,800 50,600 41,400 20,240 466,440 $39,560 Actual before tax income for 2021 was: $607,200 Sales Less: Material cost Labor cost Owner's salary Rent Depreciation Utilities Income before taxes $117,000 256,500 60,490 50.600 41,584 19,320 545,494 $61,706 Maria Miller, the owner of the company, is pleased that sales were much higher than planned, but she also is concerned that expenses were $87,354 higher than the amounts she budgeted. Prepare a performance report that will help her focus on areas needing attention. Assume that material and labor are variable costs and the remaining costs are fixed. (Round intermediate calculations to 6 decimal places, e.g. 0.176501 and final answers to 0 decimal places, e.g. 45. List variable costs before fixed costs. Enter unfavorable variances using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Maria Miller, the owner of the company, is pleased that sales were much higher than planned, but she also is concerned that expenses were $87,354 higher than the amounts she budgeted. Prepare a performance report that will help her focus on areas needing attention. Assume that material and labor are variable costs and the remaining costs are fixed. (Round intermediate calculations to 6 decimal places, e.g. 0.176501 and final answers to 0 decimal places, e.g. 45. List variable costs before fixed costs. Enter unfavorable variances using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Flexible Budget Actual Difference $ $ $ $ . + $ $